31 May 2011 07:27 [Source: ICIS news]
GUANGZHOU (ICIS)--China’s Xinjiang Guanghui Industry has delayed the start-up of its coal-based methanol and dimethyl ether (DME) facility at Hami in the northwestern Xinjiang region to late 2011, a company source said on Tuesday.
The source declined to disclose the reasons for the delay.
The yuan (CNY) 6.5bn ($1bn) facility will primarily produce 1.2m tonnes/year of methanol, 800,000 tonnes/year of DME and 490m cubic metres/year of liquefied natural gas (LNG), a company announcement said.
Xinjiang Guanghui Industry, which is listed on the Shanghai Stock Exchange, focuses on the production, distribution and transportation of clean energies, such as natural gas, according to its website.
($1 = CNY6.48)
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